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Dec 26, 2012
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before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-word reply, no. second, the democratic senate leadership says there's a 50/50 chance that we'd get a deal between now
before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well,...
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Dec 30, 2012
12/12
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WBAL
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the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo. >> all that ahead, but first, here's fill griffith with the look at the stories making headlines this week. >> thanks, maria. here's what's making news as we are heading into a new week and new year on wall street. congress is working the weekend, attempting to avert some part of that $6 billion in automatic tax increases and the spending cuts that are set to kick in on january 1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked investors, t
the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo....
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Dec 26, 2012
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the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge today? head to futures now.cnbc.com and vote in our poll. don't forget to check out our next online show that will be tomorrow at 1:00 p.m. scott being barks to you. >>> we'll see you tomorrow at 1:00. right now when "halftime" comes back. we target stocks in the tech world. find out who has what it takes to become number one. >>> first, christmas nightmare. netflix sees outages over the holiday. the bad timing that's putting the stock in our top three trade. "halftime" is coming back right after this. >>> we're halfway through the trading day. still ahead on the half time report, a round of hold 'em or fold 'em. stick around for our final trade, the "halftime report
the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge today? head to futures now.cnbc.com and vote in our poll. don't...
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Dec 31, 2012
12/12
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and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor? >> pretty much. i mean, the outcome, if there is some type of healthy resolution to the fiscal cliff, even if they defer it for a week or two but come up with some healthy resolution, i think it bodes really well for global markets. if we wind up going into fiscal cliff and the world loses any faith in our government to accomplish anything that's helpful or relevant, i think that could impact the markets and it could impact the economy. >> there has to be a long-term impact, though. i mean, let's face it. any deal that they can come up with is an austerity deal. it will involve some form of tax increases, you would think, and some kind of spending cuts on the wealthy. that slows things down. it's not a gr
and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor? >> pretty much. i mean, the outcome, if there is some type of healthy resolution to the fiscal cliff, even if they defer it for a week or two but come up with some healthy...
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Jan 1, 2013
01/13
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our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess how that will go. if the house votes yes the measure would generate about $600 billion in new revenues over the next ten years. that is a big if, if you listen to what republican congressman phil gingrey said this morning. >> reporter: at one point the live and divide another day you have to dig in your heels and say by golly i'm going to die over this today because it's important to the people of my district and this country. >> are there enough votes in the house to pass this? it will take a combination of democratic and republican votes. if the senate measure does get through the house here is what the p
our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess...
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Dec 31, 2012
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>> fiscal cliff. >> they confirmed baby news. i guess west announced it at a concert, and now kardashian has confirmed it. there you go. she's still married, by the way -- she's filed for divorce but still married. 72 days after they tied the knot, she filed for divorce from kris humphreys. >> scandalous. i'm very into this fiscal cliff thing. i haven't been following other popular news. but after today, i'm going to be so up on the kardashians. once we settle this fiscal cliff thing, which we're going to do. >> two words you don't hear together, sanjay gupta, and the kardashian update. >> we're keeping a close eye on washington and the fiscal cliff, which is why i didn't know about the kardashian-kanye thing. we're going to talk to chris from the national journal working his sources. >>> and now a new year's eve resolution for washington from you. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, and bring a balanced budg
>> fiscal cliff. >> they confirmed baby news. i guess west announced it at a concert, and now kardashian has confirmed it. there you go. she's still married, by the way -- she's filed for divorce but still married. 72 days after they tied the knot, she filed for divorce from kris humphreys. >> scandalous. i'm very into this fiscal cliff thing. i haven't been following other popular news. but after today, i'm going to be so up on the kardashians. once we settle this fiscal...
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Dec 27, 2012
12/12
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basically blaming the republicans for no deal on the fiscal cliff. a news alert for you now. a new number from apple today showing exactly what tim cook made this year. he brought in $4.17 million that includes his base pay and incentives and that is down 99% from the $370 million team made last year. apple chief didn't get any stock awards this year, apple languishing above $500 a share. please check out this video, a real life iron man, and exoskeleton that gives that person, paralyzed people the ability to walk. a lot is banked on military research. dr. mark siegel is here with the story. i want to see if i have got this right. >> you always have it right. stuart: an exoskeleton is essentially a robot. a paralyzed person wears this robot, there's a backpack of some sort. >> not exactly. this is a big game change iran's big business. these things are running between one hundred and 1 forty thousand dollars. there are 30 run the country, 30 centers run the country and within a year or two they are going to be in the home and that is going to be huge. they allow a paralyzed p
basically blaming the republicans for no deal on the fiscal cliff. a news alert for you now. a new number from apple today showing exactly what tim cook made this year. he brought in $4.17 million that includes his base pay and incentives and that is down 99% from the $370 million team made last year. apple chief didn't get any stock awards this year, apple languishing above $500 a share. please check out this video, a real life iron man, and exoskeleton that gives that person, paralyzed people...
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Dec 30, 2012
12/12
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no news is good news and fiscal cliff talks are at a standstill with neither side wanting to give ground at this point. >> trying to find a lining around that cloud, if there is one, and democrats and republicans are still talking. they are still trying to reach a deal to stop the spending cuts and tax hikes that are likely or possible to push our economy back into the recession if we go over the fiscal cliff. >> but ali, neither side is budging much. you have been reporting on it for the last couple of hours. friday though, president obama said that he was optimistic that the two sides could reach a deal. this morning, he sounded less positive though. >> if, you know, if people start seeing that on january 1st, this problem still has not been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal they gave them, and if they say that people's taxes have gone up which means consumer spending will go down. >> and keep in mind that the senate is the first hurdle. any deal has to pass the house. we are not into the
no news is good news and fiscal cliff talks are at a standstill with neither side wanting to give ground at this point. >> trying to find a lining around that cloud, if there is one, and democrats and republicans are still talking. they are still trying to reach a deal to stop the spending cuts and tax hikes that are likely or possible to push our economy back into the recession if we go over the fiscal cliff. >> but ali, neither side is budging much. you have been reporting on it...
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Dec 28, 2012
12/12
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if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to be 48 hours. >> you don't hear people talking, well a year from now, we really need to be here. you hear, well we need to do that this week. we need to do that day after tomorrow. this short-time frame horizon is new and i think people who think we are going to have tax reform and entitlement reform next year are way, way off base. >> cutting short his vacation but it's unclear whether he has the power to force a last minute solution through a deeply divided congress. >> darren gersh. >> so, joe, how bad could that be? >> i had, susie. unfortunately, the economy has been gaining momentum, if you look at the
if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to...
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Dec 28, 2012
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the question now if you think we're going over the fiscal cliff should you get into bonds or is it too late? let's talk futures now. jim is at the cme in chicago anthony at the nymex in new york. let's zoom out for a second. what does the cliff actually mean for treasuries? >> i think if we go over the cliff you're going to see treasuries a lot higher. we'll probably test about that 1.5% yield in that. if you look at what happened today they're talking about a mini deal. treasuries didn't even move. you would think there would be a selloff a little bit in the futures alone and there wasn't. the market is looking for something more substantial, a little more substance. they're also looking for some kind of talk about what they're going to do with the debt ceiling. until we get those things i still think you can be in treasuries. >> okay. looks like investors are going to pile in as long as the uncertainty is out there. jim, what about you? would you get into bonds here? >> no. not at all. actually i'm taking the other side. i adopted a negative bias yesterday because to me it still look
the question now if you think we're going over the fiscal cliff should you get into bonds or is it too late? let's talk futures now. jim is at the cme in chicago anthony at the nymex in new york. let's zoom out for a second. what does the cliff actually mean for treasuries? >> i think if we go over the cliff you're going to see treasuries a lot higher. we'll probably test about that 1.5% yield in that. if you look at what happened today they're talking about a mini deal. treasuries didn't...
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Dec 31, 2012
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fiscal cliff, there are a number of new laws set to take place. jane wells will bring you some of the more interesting one ones coming up after the break. a special report on the housing market in 2013. will this year's turnaround see an even higher run up. >>> if a budget is not agreed upon by congress, americans in the top 1% will see a federal tax increase of over 7%. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> coming up at the top of the hour, phil gross is live to defend the forecast that's the talk of wall street. he'll tell you the best place to mauk mon make money in the new year. and tom lee gives you his prediction to stocks. and green mountain has had a big comeback. one stock, two opinions. definitely can't afford to miss. carl, see you in about 15. >>> 2012 of course mark
fiscal cliff, there are a number of new laws set to take place. jane wells will bring you some of the more interesting one ones coming up after the break. a special report on the housing market in 2013. will this year's turnaround see an even higher run up. >>> if a budget is not agreed upon by congress, americans in the top 1% will see a federal tax increase of over 7%. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves......
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year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice president, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for individuals making more than $400,000 and couples with more than $450,000 in income. itemized deductions would be limited for individuals making more than $250,000 and couples making more than $300,000. the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the
year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice president, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for...
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Dec 31, 2012
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year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for individuals making more than $400,000 and couples with more than $450,000 in income. itemized deductions would be limited for individuals making more than $250,000 and couples making more than $300,000. the estate tax would rise to 40%. emergency unemployment benefits would be extended for another year. the alternative minimum tax would be adjusted for inflation permanently. and, in an effort to boost the economy, small businesses would be eligible for another year of bonus depreciation when they buy equipment. the big hang up is what to do about the s
year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for...
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west stocks drop as house republicans cancel a vote on the fiscal cliff political disarray stock markets those were how the headlines read today when i came into work but is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news purportedly moving them plus from market scandals to our very own we'll break down what you loved and hated this week and your feedback let's get to today's capital account. well the world didn't end today as some argue the mayan calendar predicted but this millennial error can at least teach us a thing or two about the pitfalls of prediction something fitting given the nature of financial forecasts and also fitting as our guest references it in a small way in his two thousand and twelve year in review he writes this review every december and this year it covers the gamut from broken markets to broke students saddled with more debt than those charging up their credit cards it's out today you can read it chris martenson is web site which is pretty peak prosperity dot com and you can hear him talk about it now on our
west stocks drop as house republicans cancel a vote on the fiscal cliff political disarray stock markets those were how the headlines read today when i came into work but is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news purportedly moving them plus from market scandals to our very own we'll break down what you loved and hated this week and your feedback let's get to today's capital account. well the world didn't end today as some argue...
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Dec 28, 2012
12/12
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yes, the fiscal cliff is the news background to today's trading. hopes of any kind of deal really are slipping away. i'm not going to say it's not going to happen, but the chances of a deal are slipping away. that is going to affect the early trading today. dow jones industrial average has opened lower, it's going to go down roughly 60 points. if you look at the futures market as a indicator for the current market we should be down about 60 by the time we open up. and barnes & noble, a big mover today and i want to go to lauren, how far up or down. >> it's up 2.3%, stuart. i went over to the booth where it trades, the traders say really heavy volume for in time of morning in the premarket on the stocks. barnes & noble very smart today. the good news up 11% and making a educational investment and putting 90 million into the nook media, which is kind of part of barnes & noble's business, but then put out the bad news, barnes & noble and their holiday sales will come in below expectations and their nook business would not meet their prior production f
yes, the fiscal cliff is the news background to today's trading. hopes of any kind of deal really are slipping away. i'm not going to say it's not going to happen, but the chances of a deal are slipping away. that is going to affect the early trading today. dow jones industrial average has opened lower, it's going to go down roughly 60 points. if you look at the futures market as a indicator for the current market we should be down about 60 by the time we open up. and barnes & noble, a big...
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Dec 27, 2012
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gregg: just four days to the new year and potentially the fiscal cliff so far little to know progress reported in making a deal to avert across the board tax hikes for 90% of the american households. it's been 10 days since the president and the speaker held any substantial face-to-face meetings. is time up or is it still possible for both sides to reach a last minute deal? let's put the question to byron york of the "washington examiner". too late or, gosh, maybe this is so easy you can wait until the last minute? >> i guess it depends whether you believe in miracles, gregg. gregg: i don't. >> the only thing that is really happening is the days are ticking by. i think what we've got is, you go first situation here. remember, after the so-called plan b failed in the house, john boehner, speaker of the house said, look, it's up to the senate. we'll not do anything more. we already passed a bill a while back that would extend bush tax cuts for everybody. it is up to the senate to do something. you have senate minority leader mitch mcconnell, the republican saying it is up to the democra
gregg: just four days to the new year and potentially the fiscal cliff so far little to know progress reported in making a deal to avert across the board tax hikes for 90% of the american households. it's been 10 days since the president and the speaker held any substantial face-to-face meetings. is time up or is it still possible for both sides to reach a last minute deal? let's put the question to byron york of the "washington examiner". too late or, gosh, maybe this is so easy you...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and while congress has trouble sorting out a deal to prevent americans are slipping into a tax black hole some agreements just seem to breeze through china growth from want to wait news experience. welcome the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is to keep this massive government rolling and you can make special interest influences in washington d.c. for that when the cameras are on you know if they're on the red team they're going out there saying it's the welfare folks as well it's a people on food stamps or the people on extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about their corporate interests and this is why we can't come up with you but is an enemy when the cam
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and while congress has trouble sorting out a deal to prevent americans are slipping into a tax black hole some agreements just seem to breeze through china growth from want to wait news experience. welcome the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a...
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cliff is finally getting some love it's an economic storm of our own making that could trigger another recession. and that fear of cliff is really consuming the the minds of people consuming the news but how relevant really is it to the economy and to markets let's ask our gas because he is very critical of how much it matters in his your view so david column this kind of day to day topical news is that white noise or is it really what's driving markets in your view. right even big events or white noise you look at market behavior when war starts serious wars and they flutter for a while and then they seem to dust themselves off and move on so then what does matter because you talk about the markets being broken you talk a lot about high frequency trading. i think that i think the debt loads that we're facing right now are going to drag on us for enormous freedom so that is what you think is it has the biggest bearing on what markets or the economy or both everything you know the markets economy so they talk about the resilient consumer and the central bankers are always trying to get
cliff is finally getting some love it's an economic storm of our own making that could trigger another recession. and that fear of cliff is really consuming the the minds of people consuming the news but how relevant really is it to the economy and to markets let's ask our gas because he is very critical of how much it matters in his your view so david column this kind of day to day topical news is that white noise or is it really what's driving markets in your view. right even big events or...
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and avoiding the fiscal cliff. it is another sign of the division and dysfunction in washington d.c. where the common sense concerns of main street america. ac 360 starts right now. >> if you are looking for tonight's breaking news look out the woindow. much of it nasty. the kind of stuff tieing up travel. tornados out of season and out of the blue in your face. >> my god we need to go. it is right there. we have to hurry up and get past it. >> one view of the storm as it moved throughed alabama area. >> my god look that is a tornado. wow. jesus look at that tornado. my god that is cool. jesus please keep your hands on who ever is over there. look at them. that is like two tornados. it is two funnels on the ground. oh lord. look there. wow. oh xgt oh my god look at that. look there is another one it is fix thiing to touch down. we are going to have toged in the bathroom it is coming towards us. in the south like little rock, arkansas they got 9 inches of snow. more than they have seen in 86 years. it is more coming
and avoiding the fiscal cliff. it is another sign of the division and dysfunction in washington d.c. where the common sense concerns of main street america. ac 360 starts right now. >> if you are looking for tonight's breaking news look out the woindow. much of it nasty. the kind of stuff tieing up travel. tornados out of season and out of the blue in your face. >> my god we need to go. it is right there. we have to hurry up and get past it. >> one view of the storm as it...
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Dec 30, 2012
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a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not overly optimistic but i'm cautiously optimistic. >> chuck schumer from new york continues to say the things, meaning a deal, always happens at the end. >> gregg: we'll probably hear about the change of cpi which is basically a new way of calculating an index the cost of living and slowing down the growth of sbph like social security. we'll probably hear about. mike, thanks very much. >> arthel: we're going to the white house where president obama is holding firm to his demand and blaming republicans for the failure to reach a deal. the president also appearing on a political talk show this morning
a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not...
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many traders have been placing -- playing its recent range as they wait for more news on the fiscal cliff before they make those long term bets. but there were also some pockets of strength that can't be ignored. the ag complex rose sharply in the wake of this summer's drought, the worst that we saw in 50 years. also, lumber, the best performer by far, logging huge gains as the housing market appears to be on the mend. then there were the metals. silver, gold, palladium and copper, aluminum on track for more modest gains this year. interesting to note that 84% of the funds that were invested in physical commodities were invested in gold. what was the most overlooked commodity this year? several traders told me that they thought it was natural gas. they expected it to be a more crowded trade. they also said they will be watching it in 2013. tyler? >> thank you very much. >>> commodities, let's talk more about them. are they worth your money in '13? bill o'neill is managing partner. welcome back, good to see you again. i will take you through some things pretty quickly. favorite commodity t
many traders have been placing -- playing its recent range as they wait for more news on the fiscal cliff before they make those long term bets. but there were also some pockets of strength that can't be ignored. the ag complex rose sharply in the wake of this summer's drought, the worst that we saw in 50 years. also, lumber, the best performer by far, logging huge gains as the housing market appears to be on the mend. then there were the metals. silver, gold, palladium and copper, aluminum on...
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Dec 31, 2012
12/12
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carefully . >>> more breaking news on the fiscal cliff with our john harwood at the white house. what are you hearing, john? >> bill, i just spoke to a republican leadership source in the house of representatives who said the house will not be voting on any potential deal that the senate strikes today. the source said we're not voting on this in the dead of night. what that means is is that technically we will go over the cliff tonight without a legislative solution. the impact of that may not be great because if a deal comes soon after midnight tonight, that would forestall the changes in tax tables that would be the way in which ordinary taxpayers would see the effect of higher rates. and budget sequester talks won't happen in the first day or two of the year. this is significant though because there was some deal that a deal could be struck that could clear the senate on an expedited procedure and clear the house tonight. i'm now told there will be no house votes tonight which means as i said in a technical sense, we go over the cliff. >> good thing it gives them more time to
carefully . >>> more breaking news on the fiscal cliff with our john harwood at the white house. what are you hearing, john? >> bill, i just spoke to a republican leadership source in the house of representatives who said the house will not be voting on any potential deal that the senate strikes today. the source said we're not voting on this in the dead of night. what that means is is that technically we will go over the cliff tonight without a legislative solution. the impact...
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new year's danger the u.s. is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later for now though it's me research i live in the moscow st. now trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer to the wire just a few hours now americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday republicans and democrats are now in a last minute effort to avert it as time rapidly runs out here's our washington d.c. correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its defi
new year's danger the u.s. is still stuck on the edge of its fiscal cliff. before. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport. step by step. us from the rest of the middle east and arab world money roller coaster public getting more politically vocal. major events that shaped twenty twenty. well it is a pleasure to have you with us here today on this new year's eve lots of action coming your way throughout the night. will be here a bit later...
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Dec 27, 2012
12/12
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FBC
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is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this holiday season. according to a new survey from forse amazon took the top spot thanks in part to its wide variety of merchandise and its user-friendly site. that's the latest from fox biz is about business, giving you the power to prosper [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not ke viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term
is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are still fighting for their lives the red wings plane skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy. for national looks at how events unfolded. the twenty ninth of december the last working day of two thousand and twelve in russia four pm business is closed all business put off until the next year but i'm alays friends employees jump into their cars and escape the busy capital he's got highway heads to the west a region where most o
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy now as if trying to find your way through a complex tax system isn't bad enough in the u.k. millions have been paying it through the news for telephone services to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to five three others are...
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Dec 26, 2012
12/12
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CSPAN
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guest: in the new year, i think they come to some resolution of the fiscal cliff. we are looking forward to another year like we had. 2% growth are a little less. the prospects this quarter were impaired by the cliff, and we expect that to go forward into the next quarter. host: the president coming into town tonight, and the congress tomorrow. realistically, what do you think will happen? guest: i do not think a lot will happen and i think we will go over the cliff. i am an economist, not a politician. i do not believe that the republicans will give the president merely a tax increase on people over $250,000. there are not able to push that through the house with some spending cuts. that does not seem to make much sense. host: peter will be here for 40 minutes taking your calls and tweets about the u.s. economy. we continue to take a look at economic matters. our guest recently wrote about the debt limit. the headline in "the boston globe" -- do you agree with that sentiment? guest: i would hope it would not threaten the economy again. it is all bound up in this i
guest: in the new year, i think they come to some resolution of the fiscal cliff. we are looking forward to another year like we had. 2% growth are a little less. the prospects this quarter were impaired by the cliff, and we expect that to go forward into the next quarter. host: the president coming into town tonight, and the congress tomorrow. realistically, what do you think will happen? guest: i do not think a lot will happen and i think we will go over the cliff. i am an economist, not a...
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Dec 28, 2012
12/12
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>> first came the fiscal cliff, now they're calling this the container cliff. it's a potential strike that could shut down more than a dozen ports, all the way from maine down to texas, including the port of new york in new jersey, which you can see a piece of which behind me. and negotiations broke down earlier this week and there's been no progress made in talks since then. but i want to talk about what's at stake, if the 14,000 longshoreman do walk out tomorrow night. it could have a devastating impact on the retail sector. now, the new york and new jersey port is just one port that could be impacted by this. it's the second largest port to handle manufactured goods from china. it's also the largest port on the east coast. now, last year this port handled $208 billion in cargo. we're talking about products like furniture and also apparel. in 2002, we saw a west coast port lockout. estimates suggest that that cost the economy $1 billion a day. and as with the fiscal cliff, there's a political angle with the container cliff as well. business groups are asking
>> first came the fiscal cliff, now they're calling this the container cliff. it's a potential strike that could shut down more than a dozen ports, all the way from maine down to texas, including the port of new york in new jersey, which you can see a piece of which behind me. and negotiations broke down earlier this week and there's been no progress made in talks since then. but i want to talk about what's at stake, if the 14,000 longshoreman do walk out tomorrow night. it could have a...
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a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the number of dead to three others are still fighting for their lives the red wings' plane skidded off the runway and right into the bank of a major highway on saturday experts believe bad weather breaks or simply could have led to the tragedy. unfolded the twenty ninth of december the last working day of two thousand and twelve in russia. business is. the next here families. jump into their cars and escape the busy capital. highway heads to the west of moscow region where most of the luxury states and country houses are located traffic jams are common this time of the day and this time of the year
a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy. trying to find your way through a complex tax system is not enough in the u.k. . to help them navigate it that's coming up later. another crew member has died in hospital after a passenger jet crashed at one of moscow's busiest airports it brings the...
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many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the people in extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about corporate interests and this is why we can't come up with video but isn't it me when the cameras are off and it's time to pass a trillion dollar nearly trillion dollar defense bill they have no problem whatsoever coming to coming together and holding hands with that kind of a deal together since two thousand and one namely we've been governing this nation by proxy the world by crisis and it doesn't matter who gets or
many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy well charlie mcgrath found of wide awake says it is ironic that america's main parties have difficulty reaching a deal on policies to aid the nation's poor but had little trouble agreeing on the defense budget. when the cameras are own you know if they're on the red team there i mean you're out there saying it's the welfare of all it's the people on food stamps or the...
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to reach a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels pressed on with the offensive in the north of the country they reportedly take over an oil pumping station after days of intense fighting calls for dialogue from russia and the international peace envoy. trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up like. another crew member has died after a passenger jet crashed at one of moscow's busiest ports it brings the number of dead to five three others are still fighting for their lives in hospital the red wings playing skidded off the runway and plowed into the embankment of a major highway on saturday experts believe bad weather brake failure or simply pilot error could have led to the tragedy artie's reef an ocean and now looks at how th
to reach a deal on fiscal cliff that's what you read in the news so this whole charade in washington could have implications on many levels and the fiscal cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy syrian rebels pressed on with the offensive in the north of the country they reportedly take over an oil pumping station after days of intense fighting calls for dialogue from russia and the international peace envoy. trying to find a way...
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fiscal cliff last minute deal looks set for a new year tax hike in america for the time being at least. you're watching a very happy new year too. new year's global race has wrapped up so let's take a quick look at some of the most spectacular celebrations being held so far new zealand was among the first to washington's a pretty proud spot the harbor no draw to display the city's sky tower almost two million people turned out he celebration australia sydney skyline erupted with a nonstandard draw dropping for works at midnight from the bridge. night need to move on to asia with hong kong which really built up the tension of the countdown the top the sky from both land and sea europe has also welcomed the new year major fireworks display at the brandenburg gate and burnin and becoming one of the world's largest open air parties and a dazzling display also splashed skies above the london eye in the u.k. capital. to million spectators descend york's times square celebrate the event a traditional. new year in russia officially kicked off when the clock tower in the moscow rang out twelve
fiscal cliff last minute deal looks set for a new year tax hike in america for the time being at least. you're watching a very happy new year too. new year's global race has wrapped up so let's take a quick look at some of the most spectacular celebrations being held so far new zealand was among the first to washington's a pretty proud spot the harbor no draw to display the city's sky tower almost two million people turned out he celebration australia sydney skyline erupted with a nonstandard...
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Jan 1, 2013
01/13
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CNNW
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technically the nation went over the fiscal cliff when the new year began. but practically the senate pulled a parachute that should soften the fall. about 2:00 a.m. eastern, senators passed a round of compromises with a vote of 89-8. i said should. this deal is far from done. now it is up to the house to stop $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote is not scheduled. multiple house members took to the floor today to say their vote will be no. >> the current agreement with the fiscal cliff was agreed to, we're told, somewhere around 11:30 last night. the bill was voted on at 2:00 in the morning. now, again this is new year's eve. i don't know how many senators between midnight and 2:00 a.m. in the morning had a chance to thoroughly read this agreement that is 157 pages long. you see, this is not how we should run our government. this is drama. unnecessary drama. >> so what did the senators pass? well, it was very long bill, 157 pages. there are a host of tax credit extensions, medicare extensions, and a lot more. bu
technically the nation went over the fiscal cliff when the new year began. but practically the senate pulled a parachute that should soften the fall. about 2:00 a.m. eastern, senators passed a round of compromises with a vote of 89-8. i said should. this deal is far from done. now it is up to the house to stop $600 billion of automatic tax hikes and spending cuts. at this hour, though, a vote is not scheduled. multiple house members took to the floor today to say their vote will be no. >>...
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Dec 24, 2012
12/12
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CNBC
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over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in right now. the president's offer is the one on the table right now. at this point the choices are getting very, very narrow. i didn't hear do nothing. i didn't hear about a grand bargain. the other big thing over the weekend, i was getting a lot of e-mail about, is when will the treasury department declare they've run out of the capability to borrow money. certainly by the end of february, everybody knows that. but some people think it could happen sooner than that. that will bring up the whole issues about the rating agencies coming out with warnings of a do
over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought...
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Dec 28, 2012
12/12
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the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the president called for bipartisan cooperation. >> now is not the time for more self-inflicted wounds, certainly not those coming from washington. >> analysts say failure to reach a deal with poison u.s. consumer spending. the fiscal cliff would trigger tax increases and government spending cuts in january, leaving far less money in the economy. the international monetary fund warrants of knock on effects for the global economy. -- warns of knock on effects for the global economy. the pressure is on in washington to agree on a plan. only then m
the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the...
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Dec 31, 2012
12/12
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. >> no more fiscal cliffs and werve can work together in unity -- and everybody can work together in unity. that is one wish. >> we still have plenty ahead. >> fox 5 news at 4:30 starts now. >>> good morning. it is 4:30 on this monday. happy new year's eve. it is monday, january -- december 31st. it is december 31st. getting ahead of ourselves there. >> i'm wisdom martin. >> i'm sarah simmons. >> time to talk about weather. we say hello and good morning to tucker barnes. >> this is the last time we'll do weather this year for this show. >> doesn't matter. as long as the redskins are winning. >> it is great. >> we'll talk about it all morning. i have about five texts from tony that got into my phone between 11:00 and 1:00 in the morning. >> you meanwhile you were sleeping. >> he was at the game. i was sleeping. temperatures in the 20s and low 30s. he got increasingly more giddy as the score was changing. >> did he know you were sleep something. >> i'm sure he does. reagan national 29. dulles is 25. bwi marshall, 29. very cold outside. i had a little ice on my driveway this morning, so
. >> no more fiscal cliffs and werve can work together in unity -- and everybody can work together in unity. that is one wish. >> we still have plenty ahead. >> fox 5 news at 4:30 starts now. >>> good morning. it is 4:30 on this monday. happy new year's eve. it is monday, january -- december 31st. it is december 31st. getting ahead of ourselves there. >> i'm wisdom martin. >> i'm sarah simmons. >> time to talk about weather. we say hello and good...